Forex - Korea CB Flows: BOK leaves 7 day repo rate unchanged at 2.50% at Mar MPC


Published at 01:29 (GMT) 13 Mar


Korea CB Flows: BOK leaves 7 day repo rate unchanged at 2.50% at Mar MPC (KDMC6901)

As largely expected the BOK left its 7-Day repo rate unchanged at 2.50% for the 10 consecutive month at the Mar MPC. We anticipated the decision due to the recent growth, inflation and household debt dynamics. On FX, no reaction from USD/KRW as the pair continued to trade between 1066.5 - 1068.5. KOSPI continued in marginal gains, up 0.2% at last look (Details to follow). BB

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